Trinity Housing Development

What Trinity Housing Development does

Trinity Housing Development is a private partnership founded in 2011 and headquartered in Springfield, Missouri, that develops affordable and workforce housing across 10 U.S. states (Arizona, Colorado, Georgia, Louisiana, Missouri, Nebraska, North Carolina, Oklahoma, Texas, and Utah). The firm is owned and operated by three partners — J. Ryan Hamilton, J. Douglas Hamilton, and Michael K. Hamra — who also serve as partners in the affiliated Four Corners Development, LLC. Trinity has developed over 2,500 housing units, including 1,089 senior housing units, across three product lines: senior housing (e.g., Heritage Tower, Oakshire Trails, MacArthur Park Senior Apartments), family housing for low- to moderate-income working families (e.g., Acacia Heights, Bradford Place, San Angelo Crossing), and historic rehabilitation/renovation (e.g., Adams Park Apartments, Gotham Apartments).

The underlying 'technology' is the structuring and stacking of federal and state affordable-housing financing instruments — primarily the Low Income Housing Tax Credit (LIHTC), Historic Rehabilitation Credits, and Renewable Energy Tax Credits — combined with USDA Rural Development loans and state housing finance agency allocations. Core services span site selection, design engagement, materials procurement, construction oversight, and long-term property management. The company is supported by a COO (Adam Horton) with prior LIHTC CFO experience and a General Counsel (Jennifer Merlo) with over 20 years of affordable-housing acquisition, development, and financing practice.

The business model is sales-led and relationship-driven, monetized through three streams: (1) developer/development fees on each project; (2) property management fees for owned and managed assets; and (3) long-term ownership and operation of affordable housing developments. Trinity generates demand by identifying communities with strong housing need and entering public-private partnerships with municipal governments (e.g., City of Greensboro), state housing agencies, federal programs (USDA Rural Development), and capital partners (Merchants Capital), often co-developing with strategic partners such as Central Developers, Halcon Companies, Seldin Company, and Catholic Charities / Housing for Hope. Pricing is not publicly disclosed and depends on project-specific tax credit allocations and government-subsidized financing structures. Certifications include NGBS/NAHB Green Bronze, and the firm has earned the 2013 Preserve Missouri Award and USDA Rural Development Texas Management Company of the Year.

Name

Trinity Housing Development

Legal name

Trinity Housing Development

Website

https://trinityhousingdevelopment.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

Trinity Housing Development is a private partnership-owned affordable and workforce housing developer that has built 2,500+ units across 10 U.S. states since 2011. It delivers senior, family, and historic-rehab housing via LIHTC, Historic, and Renewable Energy tax credit-financed public-private partnerships with government and nonprofit partners.

Ownership category

akta.pro rank

Product category

Affordable Housing Development

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116), Residential Building Construction (23611)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Residential Affordable Housing Development & Construction (IMAFABAI)

akta.pro secondary industries

Independent Living Community Development & Construction (Senior Housing Developers) (HLADAAAH), Affordable Rental & Multifamily Housing Finance Programs (LIHTC/Tax Credits/Subsidized Loans) (FSALAKAF), Housing Development, Construction & Rehabilitation Programs (BPAIANAB), Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC), Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

Keywords

• Affordable housing development
• Workforce housing development
• Senior housing communities
• Historic building rehabilitation
• Low income housing tax credits

Headquarters

HQ city

Springfield

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Affordable Housing Development: The company develops affordable and workforce housing units, utilizing federal and state tax credits including Low Income Housing Tax Credits (LIHTC), Historic Rehabilitation Credits, and Renewable Energy Tax Credits. Revenue is generated through development fees, property management, and long-term ownership of housing developments.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Trinity Housing Development develops, constructs, and manages affordable and workforce housing communities across 10 U.S. states, operating three core lines: senior housing (55+), family housing for low-to-moderate income working families, and historic building rehabilitation into affordable units. The company finances projects using Low Income Housing Tax Credits (LIHTC), Historic Rehabilitation Tax Credits, and Renewable Energy Tax Credits, structured through public-private partnerships with local, state, and federal government entities.

Product overview

Trinity Housing Development is an affordable and workforce housing development company operating as a partnership among three individuals with extensive real estate experience. The company operates three core product lines: (1) Senior Housing Portfolio for seniors aged 55+, (2) Family Housing Portfolio for low to moderate income working families, and (3) Historic Rehab + Renovation services that transform historic buildings into affordable housing. The company has developed over 2,500 units total, with 1,089 being senior housing units. Properties span across 10 states including Arizona, Colorado, Georgia, Louisiana, Missouri, Nebraska, North Carolina, Oklahoma, Texas, and Utah. The company works closely with federal and state agencies including USDA/Rural Development, state housing finance agencies, and leverages Low Income Housing Tax Credits (LIHTC) and Historic Rehabilitation Credits for project financing.

Differentiator

Problem solved

Functional benefit

Products and services

• Senior Housing Portfolio

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and major.

• Central Developers, LLCcoreStrategic or Co-development Partner · 23 July 2024Co-development partner for The Lofts at Elmsley Crossing apartment community in Greensboro, NC. Partnered with Trinity Housing Development and Halcon Companies in this public-private partnership.
• Halcon Companies, LLCcoreStrategic or Co-development Partner · 23 July 2024Co-development partner for The Lofts at Elmsley Crossing apartment community in Greensboro, NC. Partnered with Trinity Housing Development and Central Developers in this public-private partnership.
• City of GreensborocoreStrategic or Co-development Partner · 23 July 2024Municipal government partner in public-private partnership for The Lofts at Elmsley Crossing, providing support and resources for the affordable housing development.
• Seldin CompanymajorStrategic or Co-development Partner · 7 June 2023Development partner for Deer Creek Village Apartments in Bellevue, Nebraska. Joint ribbon cutting ceremony held in June 2023.
• Catholic Charities Community Services / Housing for Hope Inc.majorStrategic or Co-development Partner · 1 April 2023Co-development partner for Mesquite Terrace Apartments in Phoenix, Arizona. Catholic Charities through its affiliate Housing for Hope partnered with Trinity Development L.L.C. for this 297 affordable housing unit project.
• Four Corners Development, LLCcoreStrategic or Co-development PartnerTrinity Housing Development partners Ryan, Doug and Mike are also Partners in Four Corners Development, LLC. The two companies share a common management team and often collaborate on housing development projects, with Trinity Housing Development focusing on certain properties while Four Corners Development handles others.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• BRIDGE Housing: Nonprofit affordable housing developer building and managing multifamily and senior affordable communities across the Western US. Directly comparable to Trinity in using LIHTC and public-private partnerships to develop affordable and senior housing.
• Mercy Housing: National nonprofit affordable housing developer and operator serving low-income families, seniors, and people with special needs. Comparable to Trinity in combining LIHTC development with long-term property management across multiple states.
• Jonathan Rose Companies: Mission-driven real estate owner, developer, and operator focused on affordable, workforce, and green multifamily housing. Directly comparable to Trinity in LIHTC-driven development, historic preservation, and sustainability-oriented projects.
• WinnCompanies: Multifamily developer and manager with a significant affordable housing portfolio developed through LIHTC and public-private partnerships. Comparable to Trinity across the affordable development-to-property management value chain.
• The Michaels Organization: National affordable and workforce housing developer and manager with deep LIHTC experience. Directly comparable to Trinity in combining affordable development, long-term ownership, and on-site property management.
• The NHP Foundation: Nonprofit affordable and senior housing developer and owner using LIHTC and public-private partnerships. Comparable to Trinity in serving seniors and low-income families through mixed-financed affordable developments.

Broad incumbents

• Related Affordable: Affordable housing arm of The Related Companies, one of the largest US developers. Competes with Trinity for LIHTC allocations and affordable deals but operates at much greater scale across more states and asset types.
• Enterprise Community Partners: National nonprofit developer, investor, and policy advocate in affordable housing. Comparable to Trinity as an LIHTC developer but operates at significantly larger scale and also provides financing and policy support across the sector.

Regional players

• Hamilton Properties Corporation: Affiliated entity sharing management with Trinity (Ryan and Douglas Hamilton are principals). Comparable in LIHTC-funded affordable and senior housing development, particularly in Missouri and other Midwestern states.

Emerging players

• NDC (National Development Council): Nonprofit affordable housing developer and CDFI focused on LIHTC developments for families and seniors. Comparable to Trinity in mission and LIHTC-driven development model, though typically smaller in scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Trinity Housing Development